Economy in Southgate, Michigan
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Economy
| Unemployment Rate | 7.60% | 9.10% |
| Recent Job Growth | -1.35% | -0.12% |
| Future Job Growth | 29.70% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 4.35% | 6.25% |
| Income per Cap. | $24,850 | $27,067 |
| Household Income | $49,681 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.17% | 12.10% |
| Income between 15K and 25K | 9.35% | 10.18% |
| Income between 25K and 35K | 12.14% | 10.56% |
| Income between 35K and 50K | 17.56% | 14.98% |
| Income between 50K and 75K | 23.85% | 19.53% |
| Income between 75K and 100K | 13.46% | 12.52% |
| Income between 100K and 150K | 10.11% | 12.14% |
| Income between 150K and 250K | 1.51% | 3.91% |
| Income between 250K and 500K | 0.80% | 3.34% |
| Income greater than 500K | 0.04% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.83% | 13.81% |
| Professional and Related Occupations | 20.97% | 22.68% |
| Service | 16.30% | 14.51% |
| Sales and Office | 29.26% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 10.17% | 9.37% |
| Production, Transportation, and Material Moving | 22.29% | 15.86% |
The unemployment rate in Southgate, MI, is 7.60%, with job growth of -1.35%. Future job growth over the next ten years is predicted to be 29.70%.
Southgate, MI Taxes
Southgate, MI,sales tax rate is 6.00%. Income tax is 4.35%.
Southgate, MI Income and Salaries
The income per capita is $24,850, which includes all adults and children. The median household income is $49,681.
Southgate Economy SperlingViews
Southgate: Southgate is a quiet city. The roads could use a little fixing however if transportation were an issue between the buses and taxis you can pretty much get anywhere you... (read more)student-teacher ratio: 19 students per teacher?? In my dreams. I teach for Southgate schools, and the average class size is around 32, so you folks should either go back to math class, or... (read more)Have an opinion about Southgate? Leave a commentTo See All SperlingViews for Southgate Click Here